On gold we are technically approaching the All
Time HIgh area supporting by a fear of a cold war
leading by DTrump + his particular interest to
lower the IR of the USA.
During this week there is the FOMC meeting during
Wednesday night and the investors are excepting the
FED to keep the IR unchanged for the time being
As we are near the ATH we can anticipate that FED will
not bring that much new to the table and that a TP move
from an investors perspective can occur in order to
repositionning themselves on better demand zones before
potentially continuing higher and breaking the ATH prices.
Later on the week we have some PCE numbers actually
excepted to be unchanged.
We can except price to accumulated / ranging before the
actual FOMC.
Time HIgh area supporting by a fear of a cold war
leading by DTrump + his particular interest to
lower the IR of the USA.
During this week there is the FOMC meeting during
Wednesday night and the investors are excepting the
FED to keep the IR unchanged for the time being
As we are near the ATH we can anticipate that FED will
not bring that much new to the table and that a TP move
from an investors perspective can occur in order to
repositionning themselves on better demand zones before
potentially continuing higher and breaking the ATH prices.
Later on the week we have some PCE numbers actually
excepted to be unchanged.
We can except price to accumulated / ranging before the
actual FOMC.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.